Monday 7 May 2012

Stock Tips 8-May-2012

Stock Market Closing  : 7-May- 2012   


BSE SENSEX and NIFTY tanked down on the initial hours of trading but took U turn later as finance minister Mr. PRANAB MUKHARJEE said General Anti Avoidance Rules ( GAAR ) to be postponed by one year. The losses were shed by inflow of foreign money and short covering in the markets. The gains were further added as Rupee bounced back took a recovery of 1 percent ended at 52.88 against the DOLLAR. BHEL, BPCL and LT led the market while gains were capped by CAIRN INDIA, JP ASSOCIATE and HCL TECHNOLOGY.

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